Professional Trader, Trainer and Speaker at The Gold & Silver ClubFri, Sep 14 2012 10:00 GMT
Duration: 0 h, 30 min
Moderator: Vicky Ferrer
On 13 September, US Federal Reserve Chairman Ben Bernanke ended weeks of speculation about the prospect of further monetary stimulus for the United States economy by launching a third round of quantitative easing (QE3).
The market’s reaction was swift and overwhelmingly positive. Gold rocketed to a seven-month high of $1,775 an ounce and Silver spiked to $34.46 within minutes of the announcement.
During this special End of Week Review, professional traders Phil Carr and Nik Kalsi of thegoldandsilverclub.com analysis how the announcement of a third round of quantitative easing impacted the direction of commodities prices. They also provide live commentary of the markets today and summarize the key economic events to watch next week.
Recording of the webinar